Powering electrolysers with renewables generation that would otherwise be curtailed could be an effective strategy for producing green hydrogen in the coming years until the H2 sector benefits from further cost declines, it was suggested during a panel discussion.
Europe has established a leading position across the green hydrogen value chain but now must accelerate investments to build out infrastructure while committing green hydrogen targets to legislation.
The US Department of Energy (DOE) Loans Program Office (LPO) has committed to a conditional US$504 million investment into the development of a major green hydrogen hub in Utah.
Aker Horizons and Statkraft have signed collaboration agreements to jointly explore opportunities for green hydrogen and ammonia production in India and Brazil
Global solar installations are expected to increase five-fold, making up nearly half of all power generation by 2050 as renewables become the “new baseload”.
Dutch energy company Essent and solar developer Solinoor will collaborate on the development of green hydrogen projects in the Netherlands using ground-based and floating solar PV.
Portuguese developer Madoqua Renewables has partnered with Dutch developer Power2X and Danish investment firm Copenhagen Infrastructure Partners (CIP) to build a green hydrogen and ammonia project in Portugal with an investment of €1 billion (US$1.07 billion).
Technical advisory TÜV Rheinland has issued its first green hydrogen and green ammonia certification globally to Green Hydrogen & Chemicals, a joint venture between solar developer ACME Group and renewable company Scatec.
Technology company Aqua Aerem has entered into a joint development agreement with Japanese energy producer Osaka Gas for its 10GW Desert Bloom Hydrogen project in Northern Australia.
